Egypt: Nuts Market Overview 2021

Nuts Market Size in Egypt

For the third year in a row, the Egyptian nuts market recorded growth in sales value, which increased by X% to $X in 2019. Over the period under review, the total consumption indicated a buoyant expansion from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2008 when the market value increased by X% year-to-year. Over the period under review, the market hit record highs in 2019 and is expected to retain growth in years to come.

Nuts Production in Egypt

In value terms, nuts production soared to $X in 2019 estimated in export prices. Overall, the total production indicated a prominent expansion from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. Over the period under review, production hit record highs in 2019 and is likely to see gradual growth in years to come.

Nuts Exports

Exports from Egypt

In 2019, approx. X tonnes of nuts (prepared or preserved) were exported from Egypt; picking up by X% against the previous year's figure. Over the period under review, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when exports increased by X% y-o-y. Over the period under review, exports hit record highs in 2019 and are expected to retain growth in the immediate term.

In value terms, nuts exports soared to $X in 2019. In general, exports showed a resilient expansion. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. Exports peaked in 2019 and are expected to retain growth in years to come.

Exports by Country

Germany (X tonnes), the U.S. (X tonnes) and Belgium (X tonnes) were the main destinations of nuts exports from Egypt, with a combined X% share of total exports.

From 2007 to 2019, the biggest increases were in Belgium (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for nuts exported from Egypt were Israel ($X), the U.S. ($X) and Germany ($X), with a combined X% share of total exports. Belgium, Canada, Australia, Saudi Arabia, Sweden, Hungary, Malta, Italy, Bosnia and Herzegovina and Tunisia lagged somewhat behind, together accounting for a further X (+X% per year) saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2019, the average nuts export price amounted to $X per tonne, surging by X% against the previous year. Over the period under review, export price indicated a remarkable increase from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, nuts export price increased by +X% against 2017 indices. The growth pace was the most rapid in 2008 an increase of X% year-to-year. The export price peaked at $X per tonne in 2009; however, from 2010 to 2019, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Israel ($X per tonne), while the average price for exports to Tunisia ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Israel (+X% per year), while the prices for the other major destinations experienced more modest paces of growth.

Nuts Imports

Imports into Egypt

In 2019, approx. X tonnes of nuts (prepared or preserved) were imported into Egypt; shrinking by -X% compared with the year before. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2010 when imports increased by X% y-o-y. Over the period under review, imports attained the peak figure at X tonnes in 2012; however, from 2013 to 2019, imports stood at a somewhat lower figure.

In value terms, nuts imports dropped remarkably to $X in 2019. Over the period under review, imports showed a prominent expansion. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. Imports peaked at $X in 2015; however, from 2016 to 2019, imports stood at a somewhat lower figure.

Imports by Country

Spain (X tonnes), Turkey (X tonnes) and Italy (X tonnes) were the main suppliers of nuts imports to Egypt, together accounting for X% of total imports.

From 2007 to 2019, the biggest increases were in Spain (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), Turkey ($X) and Italy ($X) appeared to be the largest nuts suppliers to Egypt, together accounting for X% of total imports.

In terms of the main suppliers, Spain (+X% per year) saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the average nuts import price amounted to $X per tonne, shrinking by -X% against the previous year. In general, the import price, however, saw strong growth. The most prominent rate of growth was recorded in 2012 an increase of X% y-o-y. The import price peaked at $X per tonne in 2016; however, from 2017 to 2019, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2019, the highest prices were recorded for prices from the U.S. ($X per tonne) and Italy ($X per tonne), while the price for Spain ($X per tonne) and Turkey ($X per tonne) were amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Turkey, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for nuts (prepared or preserved) in the world?

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The countries with the highest volumes of nuts consumption in 2019 were China (1.3M tonnes), the U.S. (711K tonnes) and Turkey (637K tonnes), together accounting for 28% of global consumption. These countries were followed by India, Japan, Pakistan, Russia, Brazil, Indonesia, Italy, Bangladesh, France and Mexico, which together accounted for a further 29%.

What are the largest producers of nuts (prepared or preserved) in the world?

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The countries with the highest volumes of nuts production in 2019 were China (1.4M tonnes), Turkey (766K tonnes) and the U.S. (757K tonnes), with a combined 31% share of global production. India, Russia, Pakistan, Japan, Brazil, Indonesia, Italy, Bangladesh, Mexico and France lagged somewhat behind, together comprising a further 29%.

What are the leading suppliers of nuts (prepared or preserved) to Egypt?

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In value terms, Spain ($3.4M), Turkey ($2.1M) and Italy ($1.4M) appeared to be the largest nuts suppliers to Egypt, together comprising 89% of total imports.

What are the leading importers of nuts (prepared or preserved) from Egypt?

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In value terms, Israel ($668K), the U.S. ($560K) and Germany ($539K) appeared to be the largest markets for nuts exported from Egypt worldwide, together comprising 56% of total exports. Belgium, Canada, Australia, Saudi Arabia, Sweden, Hungary, Malta, Italy, Bosnia and Herzegovina and Tunisia lagged somewhat behind, together comprising a further 31%.

What is the average export price for nuts (prepared or preserved) in Egypt?

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The average nuts export price stood at $2,411 per tonne in 2019, increasing by 16% against the previous year.

What is the average import price for nuts (prepared or preserved) in Egypt?

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The average nuts import price stood at $6,893 per tonne in 2019, waning by -3.4% against the previous year.